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Briarwood

Learn about the people, housing, costs and businesses in Briarwood, Kentucky

Median Home$266,700
Median Rent$1,275/month
Population442
Leading IndustryRetail36% of local workforce
Home Value Growth⬆⬆+12.3% over 2 years
Family-Friendly25% of residentsslightly above average
Homeowners69% of occupied units
Briarwood
KY

Frequently Asked Questions

What are today's mortgage rates in Briarwood?

As of today, the 30-year fixed mortgage rate for Briarwood is approximately 7.092% (7.138% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Briarwood?

The median home value in Briarwood is $267k. The median monthly rent is $1,275. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Briarwood?

Home values in Briarwood have increased 12.3% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Briarwood?

Based on a typical all-in ownership cost of $1,252/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $54k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Briarwood is $64k/year.

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What industries drive the economy in Briarwood?

The largest employment sectors in Briarwood are retail (36%) and public administration (16%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.